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3939 Red Bank Rd
Cincinnati, OH 45227

$2,917,000 USD

Fast Food For Sale  •  3,693 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,607 SF
  • Lot Size 0.79 AC
  • Building Class B
  • Year Built 2016
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning C
37 Transit Score
59 Walk Score

Highlights

LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants
6th largest Freddy’s franchisee in the U.S
Adjacent to Walmart Supercenter - positioned on a ±0.79-acre lot with great access/visibility on Red Bank Rd
Traffic counts of 48,087 CPD!
2024 VERY AFFLUENT DEMOGRAPHICS: Population (5-mi): 216,886 & Average Household Income (3-mi): $138,056
Cap Rate: 6.00 %

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Cincinnati/Northern Kentucky International 42 min - 23.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC